Setting up your own company can be really scary; specifically for people new to their particular industry and aren't that sure how to get the ball rolling. I mean, where should you start? Perhaps you should focus on the hiring of new staff rather than product development, or maybe vice versa.

For students this perhaps sounds especially familiar, more if you are one who has come to their final year of studies and is now thinking about the future. You may have all the theory but you don't have the experience necessary to navigate the world of work.

So for recent graduates based in Columbus, here are a few pointers and advice to help you with your baby-steps in the world of work and even to review your idea and decide if it is in fact worth backing and spending time, not to mention money, on. Which you should definitely know before you start trading. Therefore, working with www.US.OfficeBroker.com I have come up with some things to consider:

Firstly, take a little advice from someone who is independent and impartial. Just because you think the business is worth investing in doesn't mean it is. Don't rely on friends or parents; instead ask a business advisor, someone with experience in the field. These are the type of people to talk to and listen to as they can assess your business and tell you how to move forward with it. You could even see if your bank manager will offer you a business loan, if they give you one then their decision could indicate that your business has potential.

Then start to think about how many customers you may have or how many products do you think you will sell. You really need to have an idea of how much money your firm will make and even how in demand you or your staff will be. By doing this you will then be able to...

...work out exactly how much money your company is likely to make. Can you make sixty thousand per annum or just fifteen? By working with these figures you will be able to determine at what point you firm will break even and even how long it will be until you make a profit. You really don't want to go speeding off and spending money you haven't got but instead you need to have a clear idea of when to spend money and when it will benefit the company.

Afterwards, think about your overheads. If you are going to be taking Columbus commercial property, perhaps from www.US.OfficeBroker.com, then how much will it be to rent? And exactly how much square footage do you need? As well, think about how many employees you will need in order for your business to function properly and exactly how much their wages will be for the year. You may also have to consider whether the company needs staff on reception and security staff. It all adds up. You may also want to weight up the cost and benefits of working from Columbus.

Once you have considered this think about over outgoings, such as energy bills, building insurance, IT solutions and computer maintenance. And you should know that when creating a business forecast your should always over-estimate outgoings and under-estimate any income, by doing this you will have a clear idea of what is likely to happen within your first year if trading. This method for creating a business forecast ensures that you are conservative with expectations and that projected profits are not because you have been too vague or generous with estimates.

First follow this advice and only then should you think about starting your company and take an initial tour of possible Columbus office space.